Karman’s (KRMN) Sell Rating Reaffirmed at BWS Financial

Karman (NYSE:KRMN)‘s stock had its “sell” rating reiterated by equities researchers at BWS Financial in a research note issued on Thursday,Benzinga reports. They currently have a $37.00 price objective on the stock. BWS Financial’s target price would suggest a potential downside of 67.13% from the company’s current price.

KRMN has been the subject of several other research reports. Piper Sandler started coverage on Karman in a research note on Wednesday. They issued a “neutral” rating and a $98.00 price objective for the company. Evercore ISI increased their price target on shares of Karman from $110.00 to $125.00 and gave the company an “outperform” rating in a report on Thursday. Citigroup raised their price objective on Karman from $123.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday. Weiss Ratings reissued a “hold (c-)” rating on shares of Karman in a research report on Monday, December 29th. Finally, Royal Bank Of Canada increased their target price on Karman from $85.00 to $125.00 and gave the company an “outperform” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $98.67.

Karman Price Performance

Shares of KRMN stock traded up $7.77 during mid-day trading on Thursday, hitting $112.56. The company had a trading volume of 2,201,419 shares, compared to its average volume of 2,059,024. The stock’s 50 day moving average price is $77.14 and its 200-day moving average price is $67.82. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.86 and a quick ratio of 2.69. Karman has a 52-week low of $25.02 and a 52-week high of $116.90. The company has a market capitalization of $14.89 billion and a P/E ratio of 450.32.

Karman (NYSE:KRMN) last announced its quarterly earnings results on Friday, November 7th. The company reported $0.10 earnings per share for the quarter, meeting the consensus estimate of $0.10. The company had revenue of $121.79 million during the quarter. Karman had a return on equity of 11.11% and a net margin of 2.65%.The firm’s revenue was up 41.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.04 earnings per share.

Insiders Place Their Bets

In other news, COO Jonathan Beaudoin sold 74,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $63.69, for a total value of $4,713,060.00. Following the transaction, the chief operating officer directly owned 666,861 shares of the company’s stock, valued at $42,472,377.09. The trade was a 9.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Michael Willis sold 115,000 shares of Karman stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $58.63, for a total value of $6,742,450.00. Following the transaction, the chief financial officer directly owned 859,709 shares in the company, valued at approximately $50,404,738.67. The trade was a 11.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 251,000 shares of company stock worth $15,419,170 over the last ninety days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Portside Wealth Group LLC purchased a new stake in shares of Karman in the 4th quarter valued at $362,000. SteelPeak Wealth LLC acquired a new position in Karman in the 4th quarter valued at about $318,000. Zevenbergen Capital Investments LLC purchased a new stake in Karman in the fourth quarter valued at $39,483,000. J. Safra Sarasin Holding AG increased its position in shares of Karman by 34.0% during the fourth quarter. J. Safra Sarasin Holding AG now owns 4,741 shares of the company’s stock valued at $347,000 after acquiring an additional 1,202 shares during the last quarter. Finally, Norden Group LLC purchased a new stake in shares of Karman in the 4th quarter valued at approximately $323,000.

Trending Headlines about Karman

Here are the key news stories impacting Karman this week:

• Positive Sentiment: Citigroup raised its price target on Karman from $123 to $125 and maintained a “buy” rating, signaling institutional confidence and providing an analyst‑driven valuation uplift. Benzinga
• Positive Sentiment: Karman materially raised its revenue outlook: FY2025 revenue guidance of roughly $470–471M (vs. consensus ~$463M) and FY2026 guidance of $700–715M (well above the ~$579M consensus), implying significant top‑line acceleration that supports higher valuation and growth expectations. This guidance lift is a primary positive catalyst. Business Wire
• Positive Sentiment: Karman’s Seemann and MSC acquisitions (and related maritime market expansion) are being highlighted by management as ways to boost access to U.S. Navy programs and improve 2026 results — a strategic rationale behind the upgraded guidance and a likely driver of investor enthusiasm. MSN
• Neutral Sentiment: Piper Sandler initiated coverage of Karman with a neutral recommendation — a new sell‑side voice that could temper some momentum depending on their published target and rationale. MSN
• Neutral Sentiment: Market coverage noted Karman among early premarket leaders, reflecting broad market interest but not new company‑specific facts. Such coverage can amplify moves but is not a standalone fundamental driver. Barron’s
• Neutral Sentiment: Management hosted/announced an investor conference call and an M&A call transcript is available — useful for details on integration, margin outlook, and timing but requires parsing for material new information. Investors should listen for margin assumptions and backlog details. Seeking Alpha
• Neutral Sentiment: Comparative writeups (e.g., head‑to‑head with BWX Technologies) provide peer context for valuation and defense exposure but are informational rather than immediate catalysts. American Banking News

Karman Company Profile

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives. We estimate that no single program accounted for more than 10% of sales for the nine months ended September 30, 2024 or the twelve months ended December 31, 2023, with revenue from over 100 active programs supporting current production and next-generation space, missile, hypersonic, and defense applications.